Mali halts new artisanal mining permits for foreigners following deadly accidents

Mali, Africa’s second-largest gold producer, has suspended the issuance of new artisanal mining permits to foreign nationals after a series of fatal accidents in the country’s artisanal mining sector. The move follows a devastating mine collapse on 15 February in the western Kayes region, which claimed the lives of at least 43 people, mostly women. […]

OCP plans international bond worth up to $2 bln to fund development plan

Morocco’s phosphates and fertilizers giant, OCP, plans a bond issue ranging between $1.5 billion and $2 billion as it launched major investments in renewable energies, desalination, green hydrogen, and ammonia. The news, relayed by Medias24 and major news agencies, marks the first bond by OCP since it announced an ambitious growth strategy of about $12 […]

Morocco, Third Most Attractive Investment Destination in Africa, Havas Horizon

Efforts and investment policies implemented by Moroccan authorities to make the kingdom one of the first investment destination in Africa are paying off. The Paris-based consulting firm Havas Horizon has ranked, in its latest report, the North African country the third most attractive investment destination for the coming years. The report titled “Financing the African […]